Jan 22, 2013 7:00pm EST
me so much. can we get a resolution to the issue? lou: do you agree? fire harry reid and the democratic leadership that failed to pass a budget? almost four years? >> well, i -- that's going to happen. president obama spent the first four year i trying to get along with the republicans. they wouldn't do it. he's back in office, and leading up until yesterday, refused to cooperate. he drew the line in the sand, and, you know, it started to work. republicans came to the senses, okay, not touching the debt ceiling, let it float. in return, you see the democrats in the senate drawing up a budget. i think obama's -- his olive branch is, okay, i'll take this one extension to bring stability to the situation, but it's not happening again because we have to get the job doab. it's progress. it's better than the last few months. lou: some combative about it and characterize the president as being so contentious. it's the first intelligent step taken by the republicans and gives, you know, i i think hope to the nation, the first intelligent step taken by the president. they actu
Jan 22, 2013 12:00am PST
to do a budget. harry reid and patty she said i'm the chairman of the committee and the jimmy buffet song, if the phone doesn't ring, it must be me. waiting-- >> one of the observations i had today and i thought my colleague charles krauthammer had a good point. obama laid down the gauntlet gave the most liberal partisan speech i can think of in our lifetime. now, and almost he wants to destroy or wipe out the reagan legacy or reaganism with massive big government, social engineering. do you think he'll be successful in this term accomplishing that? >> well, that's our job in the house, to stop this. and think about sort of the outrageous language in the president's speech today. when he wants it talk about social justice, well, darn it, a job is the ultimate social justice. and yet, the policies of this administration have crushed the ability to expand this, this economy. so, how do we now in the house start to use what leverage points we have to force the senate to finally engage in the process of doing what's right? and mr. waldon and i talked about it in the past i think the sena
Jan 22, 2013 1:00pm PST
's time for the senate to lead. on climate change, let harry reid to see if they can do something. it's their turn. let the senate pass a budget. on guns, i'd be interested to see if they can pass a an obama-style coalition to do what the president is asking for. that's a big change. the house, one of the things they need to do smarter is not see a plank and swim with sharks. let harry reid lead and see what they can do. i think the president will have a lot fewer followers than he thinks. >> harry reid is as able senate leader. i love seeing him lead. it's interesting that ari is counseling at least on tv counseling republicans not to lead. look, that's easy for the republicans. they used to say -- ari and i are both baseball fans. the house controlled by the republicans are where good ideas go to die and that's apparently what speaker boehner is being advised to do now. i think it's a terrible mistake. he could come and make deals and meet the president halfway but it looks like i think they are going to go back to their constructionism. that's not a good strategy. >> all right. we'
Jan 22, 2013 4:00pm PST
, the senate majority leader harry reid didn't fully embrace the house plan. he also didn't say no either. but over at the white house, well, they are saying the president would sign it. >> the bill still has to overcome some concerns expressed by members of the house and the senate before it can pass both chambers and reach the president's desk. if it does, and it reaches the president's desk, he would not stand in the way of the bill becoming law. >> if the president is not going to block it that would seem to add pressure on senator reid to take it up and act on it and that may force a budget to get done before long. shep? >> shepard: see what happens. mike emanuel on capitol hill. thanks. a good day for your 401 k. the dow and s&p 500 both closed at five year high. while the nasdaq went up 8 points. it's the seventh time the s&p has closed at a five year high just this year. hopes that congress will raise that debt ceiling and some really better than expected earnings reports helped fuel the gains today. google beat analyst's expectations and that helped push its shares up about 5% in